taxes Property Tax Assistance

2019 ISD Summary Worksheet

129-Kaufman

234-907/Wills Point ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 104,402,349 0.9164 113,926,614 113,926,614
B. MULTIFAMILY RESIDENCES 147,120 N/A 147,120 147,120
C1. VACANT LOTS 10,124,630 N/A 10,124,630 10,124,630
D1. QUALIFIED AG LAND 2,832,640 0.9892 2,863,562 2,863,562
D2. REAL PROP:FARM & RANCH 2,672,415 N/A 2,672,415 2,672,415
E. REAL PROP NONQUAL ACREAGE 68,144,668 0.9017 75,573,548 75,573,548
F1. COMMERCIAL REAL 34,502,269 N/A 34,502,269 34,502,269
J. UTILITIES 10,277,070 0.9765 10,524,393 10,524,393
L1. COMMERCIAL PERSONAL 12,000,013 N/A 12,000,013 12,000,013
L2. INDUSTRIAL PERSONAL 14,550 N/A 14,550 14,550
M. MOBILE HOMES 6,748,130 N/A 6,748,130 6,748,130
O. RESIDENTIAL INVENTORY 19,500 N/A 19,500 19,500
S. SPECIAL INVENTORY 30 N/A 30 30
Subtotal 251,885,384 0 269,116,774 269,116,774
Less Total Deductions 44,846,977 0 49,376,755 49,376,755
Total Taxable Value 207,038,407 0 219,740,019 219,740,019

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
226,524,869 219,740,019 226,524,869 219,740,019


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,784,850 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
226,524,869 219,740,019 226,524,869 219,740,019

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

234-907-02/Wills Point ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 104,402,349 0.9164 113,926,614 113,926,614
B. MULTIFAMILY RESIDENCES 147,120 N/A 147,120 147,120
C1. VACANT LOTS 10,124,630 N/A 10,124,630 10,124,630
D1. QUALIFIED AG LAND 2,832,640 0.9892 2,863,562 2,863,562
D2. REAL PROP:FARM & RANCH 2,672,415 N/A 2,672,415 2,672,415
E. REAL PROP NONQUAL ACREAGE 68,144,668 0.9017 75,573,548 75,573,548
F1. COMMERCIAL REAL 34,502,269 N/A 34,502,269 34,502,269
J. UTILITIES 10,277,070 0.9765 10,524,393 10,524,393
L1. COMMERCIAL PERSONAL 12,000,013 N/A 12,000,013 12,000,013
L2. INDUSTRIAL PERSONAL 14,550 N/A 14,550 14,550
M. MOBILE HOMES 6,748,130 N/A 6,748,130 6,748,130
O. RESIDENTIAL INVENTORY 19,500 N/A 19,500 19,500
S. SPECIAL INVENTORY 30 N/A 30 30
Subtotal 251,885,384 269,116,774 269,116,774
Less Total Deductions 44,846,977 49,376,755 49,376,755
Total Taxable Value 207,038,407 219,740,019 219,740,019

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
226,524,869 219,740,019 226,524,869 219,740,019


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,784,850 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
226,524,869 219,740,019 226,524,869 219,740,019

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption